MEDIAN SALE PRICE
$3.88M
list-price basis
MEDIAN $/SF
$1,289
per sqft
ACTIVE INVENTORY
6
for sale
SOLD VS. ORIGINAL ASK
92.2%
NEW94.5% of final list
DAYS TO CONTRACT
137
NEW163 to close
MARKET PULSE
0.13
shown at Miami level
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
fair-isle
BUYER'S ADVANTAGE
Shown at Miami level
MARKET SUMMARY · 12 MONTHS
| Median sale price | — | |
| Median $/SF | $1,289 | |
| Median days on market | 92 | |
| Total sales (12mo) | 8 | |
| New listings (12mo) | 12 | |
| Sold ÷ original ask NEW | 92.2% | |
| Sold ÷ final list price NEW | 94.5% | |
| Sold below original ask NEW | 100% | |
| Median days to contract NEW | 137 | |
| Median days to close NEW | 163 | |
| Months of supply | — | — |
| Sale-to-just-value ALL HOMES COUNTY | — | 1.28× |
| Owner-occupied ALL HOMES COUNTY | — | 56.8% |
TIER HEALTH
Price-tier breakdown is published only for markets with 30+ active for-sale listings, so each tier's median clears the min-sample threshold (§2.2b · §7.4). This market reports at the summary level above.
TIME TO SELL · LISTING TO CLOSING
NEW137
days, listing → contract
36
days, contract → closing
163
days, listing → closing
Medians of 8 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.
WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDStax-roll figures cover all homes · appreciation is condos and townhomes
56.8%
Owner-occupied (homestead) COUNTY
1.28×
Sale-to-just-value ratio COUNTY
37.8%
Homes sold, 10-yr COUNTY
-2.8%
Appreciation YTD · $/SF COUNTY CLOSED SALES
Appreciation YTD compares the median price per square foot of closed sales so far this year against the same period last year. Price per square foot rather than median price, because a median price moves with which homes sold — over this span South Beach ran +1.9% on median price but −4.3% per square foot. Effective tax rate: modeling in progress — the county roll carries no millage field, so we show “—” rather than an estimate.
CONDO BUILDINGS IN FAIR ISLE
Most active buildings by for-sale inventory · full building directory →
Monthly market report for Fair Isle → · Miami-Dade County market →
FREQUENTLY ASKED · FAIR ISLE
How much do condos and townhomes cost in Fair Isle?
The median list price in Fair Isle is $3,885,000 as of snapshot 2026-W45.
Is Fair Isle a buyer's or seller's market?
Fair Isle is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.17; readings at or above 0.60 favor sellers and below 0.40 favor buyers.
How many condos and townhomes are for sale in Fair Isle?
There are 6 active for-sale listings of condos and townhomes in Fair Isle as of snapshot 2026-W45, updated weekly.
How long do condos and townhomes take to sell in Fair Isle?
Condos and townhomes in Fair Isle spend a median of 92 days on market.
What is the price per square foot in Fair Isle?
The median list price per square foot in Fair Isle is $1,289.
What share of Fair Isle homes are owner-occupied?
About 56.8% of homes in surrounding Miami-Dade County are owner-occupied (homestead), per public property records — the county-level figure is shown because homestead data isn't published at the neighborhood level.
How often do homes sell in Fair Isle?
About 37.8% of homes in surrounding Miami-Dade County have changed hands over the past decade — roughly 3.8% per year — based on qualified arm's-length sales in public deed records. The county figure is shown because deed-level turnover isn't computed at the neighborhood level.
How long do homeowners typically own in Fair Isle?
Homeownership in Miami-Dade County skews long-term: only about 38% of homes had a qualified sale in the past decade, so roughly 62% of owners have held 10+ years, per public deed records.
Every figure above appears elsewhere on this page · snapshot 2026-W45.